The Potential Role of the Software Industry in Supporting Economic Development

2018 ◽  
pp. 7259-7269
Author(s):  
Sherif H. Kamel
Keyword(s):  
Economic Development ◽  
Information Technologies ◽  
Potential Role ◽  
Software Industry ◽  
Global Market ◽  
Economic Sectors ◽  
Market Opportunities ◽  
Production Complex ◽  
Information And Communication ◽  
Local Companies

Emerging information technologies provide a solid and promising platform to support economic development. In that respect, the information and communication technology sector has been one of Egypt's strongest economic sectors with increasing prospects for job creation, productivity, scalability, impact and growth. One of the subsets of ICT, the software industry, is gradually becoming more visible, stronger and mature in terms of output and impact both locally and beyond. Software is arguably the best entry platform for developing nations, like Egypt, into the global ICT production complex. Local companies and startups in the software development space have started their operations over the last decade trying to capture a segment of the regional and global market opportunities. This article assesses the developments in the software industry in Egypt and the potential role it can play as a contributor to economic development through the establishment of an export-oriented outsourcing software industry capitalizing on one of Egypt's primary resources, human capital.

The Potential Role of the Software Industry in Supporting Economic Development

2019 ◽  
pp. 444-455 ◽  
Author(s):  
Sherif H. Kamel
Keyword(s):  
Economic Development ◽  
Information Technologies ◽  
Potential Role ◽  
Software Industry ◽  
Global Market ◽  
Economic Sectors ◽  
Market Opportunities ◽  
Production Complex ◽  
Information And Communication ◽  
Local Companies

Emerging information technologies provide a solid and promising platform to support economic development. In that respect, the information and communication technology sector has been one of Egypt's strongest economic sectors with increasing prospects for job creation, productivity, scalability, impact, and growth. One of the subsets of ICT, the software industry, is gradually becoming more visible, stronger, and mature in terms of output and impact both locally and beyond. Software is arguably the best entry platform for developing nations, like Egypt, into the global ICT production complex. Local companies and startups in the software development space have started their operations over the last decade trying to capture a segment of the regional and global market opportunities. This chapter assesses the developments in the software industry in Egypt and the potential role it can play as a contributor to economic development through the establishment of an export-oriented outsourcing software industry capitalizing on one of Egypt's primary resources, human capital.

scholarly journals Informatization of global economic development and place of Ukraine in the information environment

2019 ◽  
Keyword(s):  
Economic Development ◽  
Information And Communication Technologies ◽  
Global Economy ◽  
World Economy ◽  
Communication Technologies ◽  
Global Market ◽  
Development Index ◽  
The World ◽  
Information And Communication ◽  
The Impact

This publication studies the impact of information and communication technologies on the global economy; using the main Indices (Network Readiness Index, Global Innovation Index, E-Government Development Index, E-Participation Index and ICT Development Index) the authors analyzed at a on information society development. Information and communication technologies are an integral part of the global economy; the decisive factor of the country's economic development is the level of ICT use in various areas of public life. The fact of the transition from the “old industrial order” to the “new economy”, which affects the processes of production, processing and transmission of information, transforming the economy, politics and culture in the modern world, becomes obvious. The rapid development and spread of new ICT technologies acquire the nature of the global information revolution. This leads to an irreversible transformation into a new post-industrial type of society. The main idea of this research is relevant within the scientific and practical terms. The subject of the research is the informatization of global economic development. The purpose of the research is to study informatization processes and to analyze ICT as a resource of the modern development of the world economy. The object of the study is the dynamics of the informatization process development and the detailed analysis of the impact of ICT on the world economy. The scientific methods are a system analysis, a factor analysis and a graphical method. The study reveals new components of the world economy and countries’ positions on the global market. The authors conclude that due to the development of ICT, almost all areas of the economy, which have an impact on the development of states and people's welfare, are getting intensified.

scholarly journals Brand identity of Lubuskie Voivodeship / Silna marka wyznacznikiem rozwoju gospodarki w województwie lubuskim

Management ◽  
2013 ◽  
Vol 17 (1) ◽  
pp. 247-258
Author(s):  
Agnieszka Perzyńska
Keyword(s):  
Economic Development ◽  
Competitive Advantage ◽  
Driving Force ◽  
Information Technologies ◽  
Global Market ◽  
The Other ◽  
Brand Identity ◽  
Cultural Events

Summary The aim of the article is to present how big a role a brand fulfils, which is a determinant of the development of economy in Lubuskie Voivodeship. Building a strong brand becomes a task for many years. The effects can be noticed earlier through promotion actions focused on organizing all kinds of cultural events and fixtures. A strong brand is a huge source of competitive advantage. Creating a strong brand is a catalyst of the economic development of the region. A sign, logo, is not enough for the economic development to increase. The use of innovative information technologies is necessary to distinguish the region from the other ones. The driving force is to build a strong image identifying the strength of the region values. A strong brand determines the present existence and distinction on the global market.

scholarly journals Labor Productivity of Economic Sectors in the Regions: The Role of Information and Communication Technologies

2021 ◽  
Vol 17 (4) ◽  
pp. 69-96
Author(s):  
Sophia Khalimova ◽  
◽  
Anastasiya Ivanova ◽  
◽  
◽  
...  
Keyword(s):  
Economic Development ◽  
Information And Communication Technologies ◽  
Labor Productivity ◽  
Communication Technologies ◽  
Russian Regions ◽  
Economic Sectors ◽  
Information And Communication ◽  
Positive Effect ◽  
Significant Factors

The attention of this article is focused on the impact that expanding of the usage of information and communication technologies (ICT) has on the economic development of Russian regions. As shown by various authors, the use of ICT ultimately leads to an increase in the factor productivity. Here, we assess to what extent the use of ICT contributes to the growth of economic development efficiency at the regional level, which is interpreted here as labor productivity in certain economic sectors, and measured as output per worker. Panel data analysis for Russian regions covers 2015–2018. The analysis shows that the spread of ICT has a positive effect on labor productivity in both mining and manufacturing, with dividing regions into two groups – ‘resource’ and ‘non-resource’ depending on role of the extractive industry in regional economy – when considering labor productivity in mining. It was found that there is a relationship between ICT development indicators and labor productivity, with significant factors being industry and regionally specific. The widespread adoption of ICT has a positive effect on the economic development effectiveness, with a stronger link in the manufacturing, while for the mining the discovered relation was not so clear. Among the factors affecting labor productivity in the mining in ‘resource’ regions are access to the Internet, the use of ‘cloud’ services, as well as involvement in research and development; for ‘non-resource’ regions significant factors are the use of local computer networks, regional ICT subsidies, and the purchase of computing equipment. For the manufacturing, the key factors are access to the Internet, the share of high-tech businesses in the regional economy, the purchase of computing equipment, and the use of the services of third-party organizations and ICT specialists

scholarly journals Analisis Sektor Ekonomi Unggulan di Kota Batu Tahun 2012-2018

2020 ◽  
Vol 4 (1) ◽  
pp. 165-179
Author(s):  
Nur Roni Faturohman ◽  
Wahyu Hidayat Riyanto
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Health Services ◽  
Real Estate ◽  
Financial Services ◽  
Economic Sectors ◽  
Location Quotient ◽  
Wholesale Trade ◽  
Education Services ◽  
Information And Communication

Economic development in Batu City cannot be separated from economic growth, while economic development encourages economic growth and vice versa economic growth accelerates the process of regional development. This study aims to determine the leading economic sectors in Batu City in 2012-2018. The results of the study are based on a combined analysis of Static Location Quotient (SLQ) and Dynamic Location Quotient (DLQ) obtained as sectors that are classified as leading economies, namely agriculture, mining, and fisheries, air procurement, construction, wholesale trade and trade, supply accomodation, real estate and other services. Mainstay economic sectors are the manufacturing sector, electricity and gas procurement, as well as transportation and warehousing. Prospective economic sectors are the information and communication sector, financial services and insurance, government administration, education services, as well as health services and social activities. And the lagging economic sector is the mining sector, and corporate services. Using Shift-Share (SS) analysis, the contributing sector is growing fast and is being developed for the manufacturing, construction, wholesale and retail, transportation and warehousing sectors, transportation, information and communication, financial services, real estate, corporate services, education services and health services. While the results of the analysis using the Klassen Typology sectors that are classified as fast-moving and fast-growing are the construction sector, wholesale trade and trade, the supply of goods and beverages, communication and information, and other services.

Transformation of the intellectual capital structure and a growth in the significance of its components – human capital and intellectual property – in today's economy

2020 ◽  
Vol 16 (4) ◽  
pp. 745-758
Author(s):  
S.N. Larin ◽  
E.Yu. Khrustalev ◽  
N.V. Noakk
Keyword(s):  
Human Capital ◽  
Economic Development ◽  
Intellectual Property ◽  
Intellectual Capital ◽  
Global Economy ◽  
Information Technologies ◽  
Economic Community ◽  
Intellectual Activity ◽  
Accelerated Growth ◽  
Definition Of

Subject. Currently, as the global economy evolves, its innovative components should demonstrate a tendency of accelerated growth as intellectual capital, information technologies, increasing knowledge and digitization of mushrooming production processes. Nowadays, intellectual capital is one of the economic development drivers. However, the economic community is found to have no generally accepted wording of the concept, thus laying the basis for this article. Objectives. The study sums up the analysis of approaches used by the Russian and foreign economists to determining the economic substance of intellectual capital. We also identify the importance of human capital as its components and specify the definition of the concept. Methods. The article overviews and analyzes proceedings by the most renowned authors, which substantiate how the economic substance of intellectual capital should be unveiled, and suggest its definitions. Results. We specified the definition of intellectual capital concerning the current economic development. We suggest integrating a new component into intellectual capital, such as intellectual property, which includes products of intellectual activity and intangible assets. They can be owned by the entity or other legal entities and individuals, including some employees of the entity. Conclusions and Relevance. The specified definition of intellectual capital will help address issues of sustainable economic development and ensure the competitiveness of the Russian entities nationwide and worldwide, since it directly contributes to intellectual capital and its components.

SOME FACTORS OF COMMUNICATION TOURISM TYPES AFFECT THE TRADITIONAL CULTURE OF ETHNIC MINORITIES IN THE CENTRAL HIGHLANDS

2020 ◽  
Vol 9 (1) ◽  
Author(s):  
Nguyen Duy Dung
Keyword(s):  
Economic Development ◽  
Cultural Values ◽  
Ethnic Groups ◽  
Ethnic Minorities ◽  
Cultural Preservation ◽  
Economic Sectors ◽  
Community Tourism ◽  
Tourism Activity ◽  
Central Highlands ◽  
Practical Implications

The Central Highlands is an area with a large community of ethnic minorities to be living. In the process of integration into the world economy, community tourism are one of the economic sectors that are interested in developing in our country in general and the Central Highlands area in particular.Although the activity has not been long, but it can be said that tourism and community tourism are the basis and premise to contribute to the socio-economic development of the Central Highlands; contribute to restoring many traditional cultural values of ethnic groups. For a variety of subjective and objective reasons, tourism activity and community tourism have affected ethnic lifestyles, customs and culture in both positive and limited ways. This is an issue that needs to be considered for research, with practical implications for sustainable tourism activities to create momentum for economic development and cultural preservation of ethnic groups in the Central Highlands area in the period of accelerating industrialization, nationalization and international economic integration.

The Contribution and Prospect of 5G Technology to China's Economic Development

2020 ◽  
Vol 3 (3) ◽  
Author(s):  
Jiawen Fu
Keyword(s):  
Economic Development ◽  
Information And Communication Technology ◽  
Communication Technology ◽  
Social Life ◽  
Industrial Development ◽  
Key Technology ◽  
World Power ◽  
The World ◽  
The Status ◽  
Information And Communication

Since the birth of 5G, it has attracted much attention from all countries in the world. The development of 5G industry is particularly important for domestic economic development. 4G changes life, 5G changes society. 5G will not only accelerate the speed of people surfing the Internet, but also bring revolutionary changes to all aspects of social life, making people's lives, work and entertainment more convenient and diverse. The economic impact of the development of the 5G industry on China cannot be underestimated. Nowadays, information and communication technology has increasingly become a new driving force for economic development. 5G technology has already become a key technology pursuit for countries to compete for the status of world power, and it has also become an indispensable part of contemporary economic and social development. We should give full play to the government's guiding role, and work with network giants to build a new platform for cooperation, promote coordinated industrial development, achieve win-win results, and promote economic and social prosperity and development.

Modern patterns of development of the communication and informatization sphere

2019 ◽  
pp. 14-19
Author(s):  
Maryna Demyanchuk
Keyword(s):  
Economic Development ◽  
Information And Communication Technologies ◽  
Communication Technologies ◽  
Economic Resource ◽  
Telecommunication Services ◽  
The World ◽  
Information And Communication ◽  
Per Capita ◽  
Ict Development ◽  
Telecommunications Services

Information and telecommunication services are currently a full-fledged resource for social development compared to traditional resources. The growth of the level of scientific and technological progress has led to the incredibly fast development paces in the sphere of information and communication technologies, which has a significant impact on the development of the economy. On the basis of a thorough analysis of the sectors of information and communication technologies and components of the ICT development index, the article substantiates the need for accelerated digitization of the majority of enterprises of different spheres of economic activity with the aim of qualitative development of Ukrainian economy in order to increase its competitiveness in the world. This is explained by the fact that information and technology represent the main economic resource in the period of formation of information society and digital economy, and enterprises of the sphere of communication and informatization are a catalyst for social and economic development of the country as a whole. Using a methodological toolkit of the theory of systematic and correlation-regression analysis, an economic-mathematical model of the development of the sphere of communication and informatization in the regions of the world and individual countries of the world is constructed. It is based on the existing pattern of leading development of the communications sector, but takes into account the degree of economy dependence on the ICT development, which in some regions and countries is 100%. This is due to the approaching mass availability of ICT services in some countries in these regions. On the basis of the constructed model, the forecasting of GDP PPP per capita was carried out, which showed faster rates of growth of the country’s economy with the growth of the development level of the sphere of communication and informatization and accessibility of telecommunication services. In turn, the availability of telecommunication services is influenced by the digital skills of society and the level of their prices, which has necessitated determining the dependence of GDP PPP per capita on prices for communication services of countries with varying degrees of socio-economic development. This makes it possible to identify reserves for improving the productivity of individuals while increasing the availability of telecommunications services.

UNIVERSITY DEVELOPMENT STRATEGIES: COMMERCIALIZATION AND RESPONSES TO NEW CHALLENGES

2020 ◽  
Vol 1 (10) ◽  
pp. 155-162
Author(s):  
Z. F. MAMEDOV ◽  
◽  
Kh. BAYRAMOVA ◽  
Keyword(s):  
Higher Education ◽  
Information Technologies ◽  
Educational Institution ◽  
Educational Environment ◽  
Global Market ◽  
Educational Process ◽  
Social Progress ◽  
State University ◽  
The University ◽  
Education Science

Education like others spheres of life of modern society is in the state of dynamic changes. New formats of universities as well as their missions and roles in the social and economic development are actively discussed by professional environment. A number of external and internal factors that determine the depth and scale of transformation have effects on the development of the system of higher education. The system of higher education is under the influence of the system and institutional dynamics, which dictate the need for changes. The activity of universities as centers of education, science and culture is one of the most important bases of social progress. This role becomes especially important in XXI century, which is based on new knowledge and principles of technological development. First of all a university takes new features in the current conditions of globalization. The fundamental task that needs to be solved in order to achieve the goals of a modern University is the change of meanings, goals and content of education by active participation in the internationalization processes of the system of higher education and by introducing reforms in educational process. Of course new economic conditions (global market and information technologies) require modifications. It was stated that the commercialization of University innovations in Azerbaijan is a relatively new direction, since the country is just adopts the path of an innovative economy. In this regard the transformation of a scientific idea to a product or a service faces a number of difficulties. It was investigated the problem of commercialization of the results of scientific activities of higher educational institutions in Azerbaijan. For the first time Azerbaijan State University of Economics has implemented its rebranding in the educational system of the country in order to strengthen the market position of the educational institution and realization of innovative marketing strategies. The University’s strategic goals were defined under the UNEC brand, and the brand development was successfully continued with the support of the scientific and expert community. An integrative educational environment is created in Azerbaijan State University of Economics and such environment ensures the unity of the “education – science – innovation – commercialization – production system”. It is important to note that UNEC strategy also provides for clustering of economical education and so that it provides for increasing the integration pace of the University into the world scientific and educational space. The article presents the innovative infrastructure of Azerbaijan State University of Economics connected with its integration into the global scientific and educational environment. The paper studies the matters of the international cooperation issues of the University with universities of such countries as USA, EU, Russia, Turkey, which expands the academic potential of the University and increases its competitiveness. The article substantiates the conclusion that the globalization of higher education increases the importance of commercialization of higher education institutions in the field of education and science. The article reveals the successful experience of UNEC University in the creation and implementation of joint educational programs, expanding academic mobility, attracting foreign applicants, conducting joint researches and international scientific events in partnership with universities in the EU, Russia and Turkey.

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